Bureau Veritas acquires Inspectorate: a major step forward in its strategy to become the global leader
Bureau Veritas announces it has signed an agreement with UK-based company Inspicio to acquire its subsidiary Inspectorate for £450 million. The transaction is expected to be completed during Q3 2010, upon clearance from the relevant competition authorities.
- A transaction which positions Bureau Veritas among the top three global leaders in commodities testing and inspection, a global market with a potential estimated at over €5 billion, with promising growth opportunities
- Highly complementary activities and geographical networks, bolstering Bureau Veritas’ presence in high-growth economies
- A transaction which enhances earnings per share from the first year, with strong room for further growth and margin improvement
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